This month's market update is out!

Many have asked about market conditions and how the selling/buying process works now. If you wish to sell or buy, is now a good time or should I wait?

If you are looking for answers, please give me a call.

In the meantime, the following gives you the “Coles notes” on our May local market: (*= average, comparison ( ) are from previous month’s stats)

NORTH VANCOUVER:

Detached
Listings 25(+8%), Solds (+34%), selling 1% below list price, *days on market 8, *selling price $1,580,000 (+5%) = Balanced Market

Attached (condos, townhomes, duplex)
Listings 381(+12%), Solds 82 (+55%), selling *5% below list price, *days on market 15, * selling price $752,500 (+10%) = Sellers Market

WEST VANCOUVER:

Detached
Listings 349 (+3% on April), Solds 30 (+43%), selling *10% below list price, *days on market 47, *selling price $2,145,000 (-27%) = Buyers Market

Attached (condos, townhomes, duplex)
Listings 121(same as April), Solds 14(+100%),selling 5% below list price, *66 days on market, *selling price $945000(-1%) = Balanced Market

Remember, if you're looking to make the important decision to buy or sell a home, let me use my experience and networking to guide you through smoothly you and successfully.

If I can provide you with any information, statistics, listing information or a current market evaluation, please contact me.